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Anna11 [10]
3 years ago
10

Toby found a $52 wallet on the clearance

Mathematics
1 answer:
Mazyrski [523]3 years ago
6 0

Answer:

A. $22.10

Step-by-step explanation:

52 x 0.4 = 20.8

20.8 x 1.0625 = 22.1

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Answer the following questions:
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8 0
3 years ago
The mean balance of all checking accounts at a bank on December 31, 2011, was $850. A random sample of 55 checking accounts take
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Answer:

There is insufficient evidence to conclude that the mean balance of accounts has decreased during this period

Step-by-step explanation:

We are given the following in the question:  

Population mean, μ = $850

Sample mean, \bar{x} = $790

Sample size, n = 55

Alpha, α = 0.01

Sample standard deviation, s = $200

First, we design the null and the alternate hypothesis

H_{0}: \mu = 850\text{ dollars}\\H_A: \mu < 850\text{ dollars}

We use one-tailed t test to perform this hypothesis.

Formula:

t_{stat} = \displaystyle\frac{\bar{x} - \mu}{\frac{s}{\sqrt{n}} }

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t_{stat} = \displaystyle\frac{790 - 850}{\frac{200}{\sqrt{55}} } = -2.224

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t_{stat} > t_{critical}

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